Karachi: The Pakistan Stock Exchange (PSX) had a strong day on Wednesday, with the KSE-100 index rising by 970.20 points, or 1.22%, closing at 80,461.33. This means the market has climbed back above the 80,000 mark after being closed the day before for Eid-Milad-un-Nabi.
During the trading session, the index reached a high of 80,587.44 and dropped to a low of 79,798.75. The closing number is 662.68 points higher than the lowest point of the day and just 126.11 points below the highest point.
Top stocks that did well included TRG, which jumped by 10.01%, and MARI, which increased by 10.00%. Other gainers were NCPL, PSEL, and PKGP, with rises between 4% and 4.33%. On the downside, INIL dropped by 4.09%, and THALL fell by 3.86%, among others.
This positive performance indicates a boost in investor confidence after a short break. Analysts believe that if the overall economy stays stable, the market could continue to grow. Investors are keeping a close eye on the PSX, hoping for more gains in the future.
